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Res 77 - 15 Establishing Park Contribution FormulaCITY OF MENDOTA HEIGHTS • DAKOTA COUNTY, MINNESOTA • , RESOLUTION NO. 77-15 . . . • RESOLUTION ESTABLISHING PARK CONTRIBUTION , FORMULA , , � ' . � WHEREAS, Pursuant to Mn. Statutes, 1971, Sec. 462.358, Subd. 2, as � amended in Chapter 176, Mn. Statutes, 1973, and Section 6 of the Subdivision � � Ordinance of the City of Mendota Heights,, the City Council is authorized to � � � require a park contribution for the platting or replatting of land; and , . Wf�REAS, said park contribution may be either in the form of a cash '� •�contribution or a percentage of the gross axea of the plat, whichever is .� � deemed most appropriate by the City Council; and �- WHEREAS, said open space contributions or cash contributions must be used for the purpose of maintaining and protecting open space or developing � � existing public open space ; and � � WHEREAS, it is�deemed adviseable that the cash contribution be based on ' a standard" contribution formuTa; ` • � NOW TI�REFORE IT IS HEREBY RESOLVED by the City Council of the City of � Mendota Heights that the following pzrk contribution formula shall apply to _ , all requests for platting, replatting or divi:sion of existinq lots for which a cash contribution is deemed approg'riate by the City Council: a. Property owner or developer shall contribute.a minimum � � of $500 for each standard sized lot created as a result of , . plat, replat or lot division approval; � , b. Cash contribution for larger than standard sized lots shall be based on size, amenities, and other 'factors . � affecting the value of such larger lots; and � BE IT FURTHER RESOLVED that the contribution shall be payable upon � approval of the plat or lot�division or in a manner as outlined in the . . Subdivision Ordinance. � ' , , � . ' Adopted by the City Council of the City of Mendota Heights this � First day of March � ` . 19'1'1 • � y •. . - � �. . � r �. � . � �x .A .a- . • . , - � {�+ . t = ; 7� � ' , ' ' �: ' . . ' . CITY COUNCIL � v. . . g ", 1 . ' v.t. 4 » -. a =,c - ; � � •� ,* * , - � • ;� - ' - ' CITY=, OF MENDOTA HEIGHTS . � � � . A � �F A � ' . f � ry � � �y • fi . . i. : '4..� � Y ' � � '�. z . , ; � > � . , ay G�`��^"�.� e��' ' • • = t� " �' � ` �' � � ; ,- Charles E. Mertensotto � � ' . � . : �. . . - .� ` x � � . =:� . � . . • Acting Mayor , �ATTEST: �� - . ' • \..iGiJ1— ti�..G��uiG+.